Office Suite With On-Site
For Lease
$33.33 SF/Yr
32844 Woodward Ave, Royal Oak, MI 48073
Former insurance office available for lease on Woodward Avenue with self-contained parking along the frontage.
Space SizeContact for details
Days on Market166
Property Features for 32844 Woodward Ave
General Information
Standard status
Active
Property subtype
Retail
Zoning
RB
Additional Details
Traffic Count
70,000 vehicles/day
Listing Agency:
CMP Real Estate Group
Listed By:
Anthony Sesi · License #6501379218
(248) 538-2000
Source:
Cpix.resimplifi
Added: Mar 24
Changed: Aug 8
Last Checked: Sep 5 at 3:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CMP Real Estate Group
Investment Insights
Based on property information with market context.
This former insurance office is available for lease and is located on Woodward Avenue in Royal Oak. The space is offered with excellent visibility to passing traffic and practical on-site parking arrangements designed for day-to-day operations.
Woodward Avenue is one of the main thoroughfares in Oakland County and reportedly sees over 70,000 vehicles per day. The property includes self-contained parking along Woodward Avenue, with additional parking available on the side and rear of the building. The site sits just outside downtown Birmingham and serves nearby, densely populated residential neighborhoods.
Woodward Avenue is one of the main thoroughfares in Oakland County and reportedly sees over 70,000 vehicles per day. The property includes self-contained parking along Woodward Avenue, with additional parking available on the side and rear of the building. The site sits just outside downtown Birmingham and serves nearby, densely populated residential neighborhoods.
Key Highlights
- Former insurance office available for lease on Woodward Avenue in Royal Oak
- Self‑contained parking along the Woodward Avenue frontage
- Additional parking available on the side and rear of the property
Property Analytics
Property Profile
Current Use
Lease Details
70,000 VPD
Traffic count
NNN (Triple Net)
Lease Type
$5.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
895
Businesses Nearby
Explore this area
Business Placement
Demographics for 48073, MI
33,658
Population
17,551
Households
1.9
Avg Household Size
39
Median Age
59%
College-Educated
97%
High-School Grad
7.4 sq mi
ZIP Area
4,548
Density / Sq Mi
$86,426
Median Household Income
$58,525
Median Earnings
$1,245
Median Rent
$302,800
Median Home Value
Market
Lease Benchmarks for Royal Oak, MI
$23.73 /SF/Yr
Avg Asking Price
$4.17–$63.89 /SF/Yr
Price Range
4,162 SF
Avg Space Size
This space is priced 40% above the average of $23.73 /SF/Yr.
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office units - Former insurance office available for lease on Woodward Avenue with self-contained parking along the frontage.
Where is this office units located?
The property is located at 32844 Woodward Ave Royal Oak, MI.
What is the lease rate?
The lease rate is $33.33 SF/Yr.
What are key features of this property?
This property features: Former insurance office available for lease on Woodward Avenue in Royal Oak; Self‑contained parking along the Woodward Avenue frontage; Additional parking available on the side and rear of the property
